How to Get the Best Rates on Automobile Insurance in Florida

If you plan to drive your vehicle on public roads in Florida, you will need to have automobile insurance. It is a fact that cannot be ignored. It is mandatory that an insurance policy be cancelled. If no new policy is taken out, the state can revoke the registration tags of the vehicle. This makes it illegal to drive the vehicle.

All of this leads to the conclusion that almost every driver wants to receive the best automobile insurance rates in Florida. It’s not as hard as you might think to lower your automobile insurance rates.

Your lender may require you to have your automobile insured if your loan is for automobile financing. If you’re considering purchasing a new vehicle, it makes sense to speak to your agent to find out upfront how much it will cost to insure that make and model.

Keep in mind that some cars are more expensive to insure than others.

Driving records can have a major impact on the cost of your insurance. Keep your driving record clean and as clean as possible. Your premium will rise if you are convicted of speeding or for any other moving offense. Your monthly premium will rise if you are convicted of a DUI or DWI. A second DUI or DWI conviction can send your premium skyrocketing.

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You are also at high risk for being young. You can’t do much about your age if you are under 25, but you can keep your education going and maintain a minimum 3.0 GPA. This will allow you to qualify for a 5% Good Student discount on your monthly premium.

You may be eligible for a Multi-Policy Discount if you have multiple insurance policies, such as homeowner’s insurance, life insurance, or health insurance.

You may be eligible for a Long-Term discount on your auto policy if you have been insured with the same company for five years or more. Many insurance companies offer discounts that aren’t promoted. It can be very cost-effective to call your agent twice per year and find out if you qualify for any unusual discounts.

You may have noticed an increase in your insurance rates if you’re over 55. If you pass a special driver refresher course, you can maintain your rates under control and reduce them by about 10%. This discount is not available to all insurance companies so make sure to speak with your agent.

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If your vehicle is too old to be eligible for comprehensive or collision insurance, don’t spend your money. If your car is damaged or has lost its Blue Book value, your insurance will not pay more than that amount. This means that you won’t get any compensation for an accident involving your vehicle regardless of how much you have paid.

Finally, what deductible are you able to afford? Your monthly auto premium will decrease the higher your deductible. Don’t set a deductible that is more than you can afford. This is money you will need to pay out of your pocket when you file a claim.

O.K. You’re now fully informed and ready to make the policy that suits you best with all the deductions you can find. It’s now time to go online and compare the costs of your ideal policy with every Florida insurance company.

You can’t compare all Florida insurance companies by stopping at one site. It’s not possible to do this if you take extra time to compare at least three other websites. After you’ve done this, you can relax and continue to save month after month.

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